Lucky’s Market gets interim access to lender’s cash collateral

By Caroline Salls

Pittsburgh, April 17 – Lucky’s Market Parent Co., LLC obtained a third interim order allowing it to access the cash collateral of its pre-bankruptcy secured lender, according to an order filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The final hearing is scheduled for May 11.

Under the third interim order, the cash collateral use will terminate on May 12.

Lucky’s said it needs the cash collateral to continue operation of its businesses, the liquidation of some of its assets and its court-supervised sale process.

Lucky’s is a Niwot, Colo.-based supermarket operator. The company filed bankruptcy on Jan. 27 under Chapter 11 case number 20-10166.

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